Asia Commercial Bank , often abbreviated to ACB , is the largest private bank in Vietnam by assets , headquartered at 442 Nguyễn Thị Minh Khai, Ward 5, District 3, Ho Chi Minh City . It was registered on 19 May 1993 and began operations in June 1993. The bank trades at the Ho Chi Minh Stock Exchange under the symbol ACB, where it listed on December 9, 2020 after previously trading at the Hanoi Stock Exchange .
8-681: According to PetroTimes, on August 22, 2012, Lý Xuân Hải - General Director of ACB - was ordered to be detained for 4 months by the Supreme People's Procuracy . Hải was prosecuted and taken into custody to investigate acts of intentionally violating State regulations on economic management. Tuổi Trẻ Online confirmed this the next day. On the same day, it was reported by VnExpress that ACB's Board of Directors had approved Hải's resignation letter for personal reasons, and appointed Đỗ Minh Toàn as General Director since August 23. As revealed by Toàn, customers withdrew 5 billion VND (240 million USD) from
16-526: Is to surveillance and supervise the rule of all the organs of the State, ministries and ministerial-level agencies, administrative agencies (from central to local institutions) and individuals. The People's Procuratorate has the tasks of contributing to the protection of Socialist legislation (as well as the protection of the Socialist regime) and the mastery of the people. The Procuratorate may also safeguard
24-469: The Ministry of Public Security informed that the four defendants - Trần Xuân Giá, Lê Vũ Kỳ, Trịnh Kim Quang, and Phạm Trung Cang - had been prosecuted, and were currently forbidden to leave their residence. Those previous managers of ACB were accused of having issued a policy of entrusting employees to use ACB's capital in contravention of regulations, causing serious consequences. They were accomplices with
32-584: The Prosecutor General, the Supreme People's Procuracy of Vietnam ( Vietnamese : Viện kiểm sát nhân dân tối cao ) has functions such as acting as the prosecutor before the People's Courts. The Supreme People's Procuracy has local and military subdivisions that include the district, provincial, and city levels. In accordance with the Constitution of Vietnam , the role of the public prosecutor
40-416: The assets of the State and the collective, and protect the life, health, property, freedom, honour and dignity of citizens—guaranteed to all acts violating the interests of the State, the collective, the legitimate rights and interests of the citizens are to be handled according to strict laws. The Supreme People’s Procuracy of Vietnam has the power of supervision of legal compliance by other Ministries within
48-569: The bank on Wednesday, August 22. On September 19, 2012, ACB announced their approval of resignation by Chairman Trần Xuân Giá and 2 Vice Chairmen, Lê Vũ Kỳ and Trịnh Kim Quang, due to their involvement in Hải's case. On the same day, Eximbank 's management approved Phạm Trung Cang's resignation from the position of Vice Chairman. Trương Văn Phước - Eximbank's General Director - said that Cang resigned because he needed time to explain his responsibilities during his previous working time at ACB. On September 27,
56-488: The government of Vietnam , ministerial and other governmental departments, local departments, economic bodies, social organizations, people’s and armed units and Vietnamese citizens. It has the power to initiate public prosecution and ensures uniform implementation of the law. The Offices of the Supreme People’s Procuracy has operations at the local levels of Vietnam. This Vietnam -related article
64-656: The two people arrested earlier, former general director Lý Xuân Hải and former vice chairman Nguyễn Đức Kiên . The investigating agency assessed that their actions were contrary to the provisions of Article 106 of the Law on Credit Institutions and the guiding circular of the State Bank - and has caused loss of hundreds of billions of VND. This Vietnam corporation or company article is a stub . You can help Misplaced Pages by expanding it . Supreme People%27s Procuracy of Vietnam [REDACTED] Vietnam portal Headed by
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